Egypt signs 2 MoUs with Kuwait’s Alghanim to implement energy projects
EGYPT has signed two memoranda of understanding (MoU) with Kuwait's Alghanim International to implement two energy - YOUM7
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CAIRO: Egypt has signed two memoranda of understanding (MoU) with Kuwait’s Alghanim International to implement two energy-related projects, according to a Wednesday Cabinet statement.

Under the first initial deal, four existing gas-powered plants will be upgraded to operate on a combined cycle to add 980 Mega Watt, while the other would build a gas-powered plant with a total capacity of 900 megawatts in Alexandria, the Cabinet statement detailed.

Rolling blackouts in Egypt have become routine in the past few years, especially during the peak usage season in the summer, a crisis largely attributed to fuel shortages.

To procure energy for running power plants ahead of the upcoming summer, Egypt recently contracted with five foreign companies to import 90 shipments of fuel, 45 of which are scheduled to be delivered in 2015 and 2016.

 

 

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